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MarketWatch reported that a higher dollar and lower demand caused gold to drop for the first time in three sessions.
MarketWatch reported that a higher dollar and lower demand caused gold to drop for the first time in three sessions.
As quoted in the market news:
Gold for December delivery fell $7.60, or 0.4%, to settle at $1,791.60 an ounce on the Comex division of the New York Mercantile Exchange, after tapping a high of $1,801.10 earlier.